Corsair Gaming Inc (CRSR)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 604,303 667,575 623,838 568,180 437,390
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $604,303K
= 0.00

Based on the data provided, Corsair Gaming Inc has consistently maintained a debt-to-equity ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity. This suggests that Corsair Gaming Inc relies primarily on equity financing rather than debt to fund its operations and investments. A low or zero debt-to-equity ratio may indicate financial stability, reduced financial risk, and a strong financial position, as the company is not burdened by significant debt obligations. It also reflects positively on the company's ability to generate enough internal funds to support its activities without relying heavily on external borrowing.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
Corsair Gaming Inc
CRSR
0.00
Fortinet Inc
FTNT
0.00
Palo Alto Networks Inc
PANW
0.00
Xerox Corp
XRX
0.00